Max has $2,000 he would like to invest in an account that pays simple interest. Max would like to earn a total of $650 in interest over the next five years. He does not plan on making any additional deposits of withdrawals to the account. What annual interest rate must Max receive?

Answers

Answer 1

Answer: 6.5%

Step-by-step explanation:

Formula for simple interest : I = Prt , where P= principal , r= rate of interest  t= time

As per given , P = $2000 , I=$ 650, t= 5 years

Substitute all theses values in the formula , we get

[tex]650=2000\times r\times5\\\\\Rightarrow\ r=\dfrac{650}{2000\times5}\\\\\Rightarrow\ \dfrac{65}{1000}\\\\\Rightarrow\ r=0.065 =0.065\times100\%=6.5\%[/tex]

Hence, the required annual interest = 6.5%


Related Questions

Donna's company reimburses her expenses on food, lodging, and conveyance during business trips. The company pays $50 a day for food and lodging and $0.60 for each mile traveled. Donna drove 200 miles and was reimbursed $1,620. Part A: Create an equation that will determine the number of days on the trip. (3 points) Part B: Solve this equation justifying each step with an algebraic property of equality. (6 points) Part C: How many days did Donna spend on this trip? (1 point)

Answers

Answer:

See below

Step-by-step explanation:

Part A

Let number of days be d, then the equation is:

50d + 200*0.6 = 1620Part B

Solution of the equation

50d + 120 = 162050d + 120 - 120 = 1620 - 120   ⇒ subtraction property of equality50d = 150050d / 50 = 1500/50                ⇒ division property of equalityd = 30Part C30 days as above

Please NO clown answers need this in 27 minets

PLEASE HELP PLEASE HURRY NEED THIS IN 30 MINUTES
Use your solutions to develop a convincing argument for why the method
described in the chart is better than the traditional method.
You may wish to do research to find the average lifespan for each dog breed
and use those facts in your argument.

solutions:

Chihuahua (A)
(60 -2)/4 =A
English springer spaniel (B)
(60 -2)/5 =A
German shepherd (C)
(60 -2)/6 =A
Saint Bernard (D)
(60 -2)/ 7 =A

{A} (60 -2)/4 = 14.5
{B} (60 -2)/5 = 11.5
{C} (60 -2)/6 = 9.6….
{D} (60 -2)/ 7 = 8.2…

Answers

Answer:

1-  A.  3(10÷2) +2·7

2- A.  0.4

3- B.  -2.8

4- C.  n·6 - 12 = 60

Step-by-step explanation:

Heres the work in case teachers ask:

1. The given expression evaluates to ...

30÷2 + 2·7 = 15 + 14 = 29

A: 3(10÷2) + 2·7 = 3·5 + 2·7 = 15 + 14 = 29 . . . . . this will make it true

B: 30÷(6+2)·7 = (30/8)·7 = 210/8 = 26 1/4 . . . . . . ≠ 29

C: 3(10)÷(2+2)·7 = 30/4·7 = 210/4 = 52 1/2 . . . . . ≠ 29

D: (5+2)·7 = 7·7 = 49 . . . . . . . . . . . . . . . . . . . . . . . ≠ 29

2. You can divide the equation by 10 to find the appropriate value of x.

4/10 = 10x/10 = x . . . . . 4/10 matches choice A

3. The expression simplifies to ...

7.5 -10.3 = -2.8 . . . . . . matches choice B

4. "The product of a number and 6" is n×6. Twelve less is n×6 - 12. When that "is 60", the equation can be written ...

n×6 - 12 = 60 . . . . . . . . matches selection C

Hopefully this helped, if not HMU and I will try my best to get you a better answer!

Have a great day! :)

And if u need help with anything, HMU and I got you! -No points needed :)

Your answer is c i remember doing this from yesterday and i got the right answer i did that whole thing yesterday.

Tyrell is bringing food to a community picnic. He expects 105 people to attend the picnic. He brings 4 cups of potato salad for every 7 people and 5 hot dogs for every 3 people. Select True or False for each statement. True False Tyrell brings 35 hot dogs. O True False Tyrell brings 60 cups of potato salad. The ratio of hot dogs to cups of potato salad that Tyrell brings to the picnic can be written 5:4. the ratio of cups of potato salad too hot dogs at Tyrell brings to the picnic can be written as 12:35​

Answers

Answer:

1. false

2.true

3.false

4. true

Step-by-step explanation:

Find the slope of the line through the pair of points.
(1,15) and (-3,-6)

Answers

Answer:

21/4

Step-by-step explanation:

-6-15/ -3-1= -21/-4=21/4

find the value of x pls

Answers

Answer:

answer is 45 add all angle=360 it make 360/8

Answer:

x = 45

Step-by-step explanation:

The 2 interior angles of the triangle adjacent to both 3x's is

180 - 3x

The exterior angle of a triangle is equal to the sum of the 2 opposite interior angles.

2x is an exterior angle of the triangle, thus

180 - 3x + 180 - 3x = 2x , that is

360 - 6x = 2x ( add 6x to both sides )

360 = 8x ( divide both sides by 8 )

45 = x

Please Quick Will give Brainliest
What is the equation of the line that passes through (-3, -1) and has a slope of ? Put your answer in slope-intercept form.


y = x +
y = x -
y = -x -

Answers

Answer:

y=3/5x -4/5

Step-by-step explanation:

3/5 is the slope so you do 3/5x

-4/5 is negative because the line passes two negative coordinates

Hope this helps!

distance between a(3,9) b(-10,4)​

Answers

Answer:

√194 i think

Step-by-step explanation:

Answer:

[tex]\boxed {d = \sqrt{194}}[/tex]

Step-by-step explanation:

Use the Distance Formula to help you find the distance between the two given points:

[tex]d = \sqrt{(x_{2} - x_{1})^{2} + (y_{2} - y_{1})^{2}}[/tex]

First point: [tex](x_{1}, y_{1})[/tex]

Second point: [tex](x_{2}, y_{2})[/tex]

-Substitute the two given points onto the formula:

First point: [tex](3, 9)[/tex]

Second point: [tex](-10, 4)[/tex]

[tex]d = \sqrt{(-10 - 3)^{2} + (4 - 9)^{2}}[/tex]

-Then, you solve for the distance:

[tex]d = \sqrt{(-10 - 3)^{2} + (4 - 9)^{2}}[/tex]

[tex]d = \sqrt{(-13)^{2} + (-5)^{2}}[/tex]

[tex]d = \sqrt{169 + 25}[/tex]

[tex]\boxed {d = \sqrt{194}}[/tex] (since the number cannot be square rooted, the number will stay the same)

Therefore, the distance is [tex]\sqrt{194}[/tex].

Find the value of x for which m || n.

Answers

Answer:

40

Step-by-step explanation:

The angles are equal to eachother so 4x-26 = 3x+14

40 it’s really easy just add 20+20 - 4 =

Using the table below, determine the unit rate in beats per minute.
minutes
beats
3
171
4
228
5
285

Answers

Answer: Where is the table?

Step-by-step explanation: i wish i could help but im afraid there isnt a table

Brittney found a swimsuit that she wanted to buy with a price tag marked $80. The sign above it indicated that this price was 20% off. What was the original price of the swimsuit?

Answers

Answer:

$60

Step-by-step explanation:

because 20 percent of 80 is 20 so 80-20 = 60.

Answer:

$60

Step-by-step explanation:

because 20 percent of 80 is 20 so 80-20 = 60.

 In a survey of 1,800 people who owned a certain type of​ car, 990 said they would buy that type of car again. What percent of the people surveyed were satisfied with the​ car?

Answers

Answer:

55%

Step-by-step explanation:

A map scale is 1cm: 50 km. Two cities are 3.8cm apart. How many kilometers is it
from one city to the other?
170 km
O 200 km
O 180 km
0 190 km

Answers

200 km sorry if I am wrong!

wrwhrowurhiuwirhirhiaruarhuaiwrhaihaiowawlrhwauilrhawuirhwauihruaiwhruawilhawuirawlirwairawriahrihawirhlairhawirahwulrihawuilrhawilr

Answers

Answer:

wrwhrowurhiuwirhirhiaruarhuaiwrhaihaiowawlrhwauilrhawuirhwauihruaiwhruawilhawuirawlirwairawriahrihawirhlairhawirahwulrihawuilrhawilr to you too. :)

Step-by-step explanation:

Answer:

wrwhrowurhiuwirhirhiaruarhuaiwrhaihaiowawlrhwauilrhawuirhwauihruaiwhruawilhawuirawlirwairawriahrihawirhlairhawirahwulrihawuilrhawilr

Step-by-step explanation:

wrwhrowurhiuwirhirhiaruarhuaiwrhaihaiowawlrhwauilrhawuirhwauihruaiwhruawilhawuirawlirwairawriahrihawirhlairhawirahwulrihawuilrhawilr

What is the equation in slope-intercept form of the line that passes through the points (−4, 2) and (12, 6)?

Answers

Answer:

y = 1x/4 +3

Step-by-step explanation:

M=1/4

Explanation: u just take the two points and plug them in the to the formula y2-y1/ x2-x1

Explain how you can use equivalent fractions to find the quotient of 2 3 ÷ 4. Sample Response: Find a fraction that is equivalent to 2 3 , and has a multiple of 4 as the numerator. Multiply the numerator and denominator by 2 to get 4 6 ÷ 4, since 2 3 = 4 6 . The quotient is 1 6 . Which did you include in your explanation? Check all that apply. Find a fraction that is equivalent to Two-thirds, and has a multiple of 4 as the numerator. Multiply the numerator and denominator by 2. Two-thirds = StartFraction 4 Over 6 EndFraction Divide StartFraction 4 Over 6 EndFraction by 4. The quotient is

Answers

Answer:

Find a fraction that is equivalent to 2

3

, and has a multiple of 4 as the numerator. Multiply the numerator and denominator by 2 to get 4

6

÷ 4, since 2

3

= 4

6

. The quotient is 1

6

.

Step-by-step explanation:

i had the questiojn

4. When solving an equation, Henry gets to
the last line of his work and is left with "2 = 3".
What does this mean?
A. The solution is 3.
B. There is only one solution.
C. There is no solution.
D. There are infinite solutions.
1pt

Answers

c) there is no solution

David mixes 2 liters of lemon juice with 9 liters of water to make lemonade. Which ratio of liters of lemon juice to liters of water will make the same concentration of lemonade?
F: 3 : 10
G: 10 : 72
H: 14 : 63
J: 27 : 6​

Answers

Answer:

J

Step-by-step explanation:

How do i get her to love me:(

Answers

Ask her out, I know its scary but trust me. If you have a strong bond to your crush you will always have a place in her heart

Answer:

Show her her worth

Step-by-step explanation:

Make her feel special flowers and some candy is so Lame so take her someWhere do what she wants make her feel happy and loved

k(x) =-4x + 4: Find k(-3x)​

Answers

Answer:

12x+4 this is how the equation would look like: (-4*3x)+4

Step-by-step explanation:

Have a great day plz mark as brainliest :'D

Which equation represents this problem? HELP ASAP! :(


Carol's age is three more than two times Lindsay's age. Carol is 39 years old. How old is Lindsay?


Let l = Lindsay's age in years.


A) 2l–3=39


B)2l + 3 = 39


C)3l + 2 = 39


D)3l–2=39

Answers

Answer:

B, 2I + 3 = 39

Step-by-step explanation:

work backwards first, so 39 minus 3 is 36, divided by two is 13.

15 L increased by 60% is how many litres

Answers

i think it is 24 because 60% of 15 L is 9 so 15+9 is 24
15 x .6 = 9
15 + 9 = 24
24 Liters

PLEASE HELP ASAP The width of a rectangle measures (10h-4)(10h−4) centimeters, and its length measures (9h-8)(9h−8) centimeters. Which expression represents the perimeter, in centimeters, of the rectangle?

Answers

Answer:

Here on the photo please

38h-24 is the expression represents the perimeter, in centimeters, of the rectangle

What is Area of Rectangle?

The area of Rectangle is length times of width.

The width of a rectangle measures (10h-4) centimeters

Length measures (9h-8) centimeters

The perimeter of rectangle=2(Length+Breadth)

=2(10h-4+9h-8)

Add the like terms in parenthesis

=2(19h-12)

Distribute 2 to the whole parenthesis

=38h-24

Hence, 38h-24 is the expression represents the perimeter, in centimeters, of the rectangle

To learn more on Rectangles click:

https://brainly.com/question/20693059

#SPJ2

i’m really bad at math word problems so yeah lol don’t make fun of me

Answers

Answer:

b

Step-by-step explanation:

B. She earns money and doesn't spend anything, according to the word problem, so it is B, officially meaning she has earned $5=$13

Bradley estimated the height of a tree at 2.5 meters. Carla estimated that tree's height at 8 feet.

How could a conversion ratio be used to compare Bradley's and Carla's estimates of the tree's height when measured in feet? (1 foot = 0.305 meters)

Answers

Answer: 4.1 feet : 4 feet

Step-by-step explanation:

From the question, we are informed that Bradley estimated the height of a tree at 2.5 meters. Carla estimated that tree's height at 8 feet.

The conversion ratio be used to compare Bradley's and Carla's estimates of the tree's height when measured in feet goes thus:

Since 1 feet = 0.305 meters

2.5 meters will be = 2.5/0.305 = 8.2 feet

Therefore the conversion ratio will be:.

= 8.2 : 8

Reducing to lowest term will be

= 4.1 feet : 4 feet.

= 4.1 : 4

help this is my last anmepent plz get help

Answers

Answer:

6 to the power of 10

Step-by-step explanation:

Since there are parenthesis, you multiply the exponents instead of adding. 5*2=10

plz plz plz help me​

Answers

Answer:

use a calculator its that easy

Step-by-step explanation:

Answer:

Line Ef = 24

Step-by-step explanation:

Jared just completed a race and is standing 15 feet across the finish line. Michael is still running the race and he has 30 feet to go

Student A says that Jared and Michael are 45 feet away from each other student B says they are 15 feet away from each other

Who is correct
Explain your reasoning and write a numerical expression to justify your answer

Answers

Answer:

Student A is correct.

Step-by-step explanation:

A is correct as Michael is 30ft behind the finish line and Jared is 15 feet past it. [tex]30 + 15 = 45[/tex]

Answer:

student a

Step-by-step explanation:

jared is 15 feet after the line Michael is 30 feet before the line 15 + 30

What is the equation of the line through the origin and (3, 4)?
O A. y = 2
O B. y = x
O
C. y = 4x
O D. y = 3x

Answers

Answer:

A logarithm is the power to which a number must be raised in order to get some other number (see Section 3 of this Math Review for more about exponents). For example, the base ten logarithm of 100 is 2, because ten raised to the power of two is 100: log 100 = 2. because.

STep-by-step                                            Ihave a felling its b

) What type of transformation "slides" an image or figure in a certain direction?

Answers

Answer : the transformation is called a TRANSLATION

How do u know that these two nunbers are oppisites

Answers

Answer:

cous of the negative or positive symbol

Step-by-step explanation:

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